21. Trade and other payables

US$ million

2008

2007

Trade payables

3,183

2,546

Tax and social security

74

115

Other payables(1)

1,162

868

Accruals and deferred income

351

421

4,770

3,950

(1)

On 20 August 2008 Anglo Platinum received $307 million from a subsidiary of Mvelaphanda Resources Limited (Mvela) in respect of the anticipated disposal of a 50% interest in the Booysendal joint venture. These funds have been invested in accordance with the terms of sale and will only be released to Anglo Platinum upon ministerial approval. At 31 December 2008 an amount of $253 million is included within other payables representing the obligation to repay the funds failing the receipt of such approval.